Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps
A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdi...
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Fresh in the current trading session. Multiple named entities are involved.
Why this matters
Kalshi is showing up inside the Prediction Markets theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.
CFTC orders Kalshi to continue operating as New York seeks $36 billion in damages
The case could redefine federal vs. state authority over prediction markets, impacting regulatory frameworks and market operations...
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
Two Prediction Markets Shut Down Hours Apart as Kalshi and Polymarket Take 93% of Volume
Two crypto prediction market startups announced they were winding down within 90 minutes of each other on Monday morning, both giv...
CFTC Sues Goliath Ventures Over $397 Million Crypto Ponzi Scheme
The Commodity Futures Trading Commission has charged Goliath Ventures Inc. and its CEO, Florida resident Christopher Delgado, with...
BTC USD Price Prediction: Can Bitcoin Hold $64,000 Before Wednesday’s CPI Data Drop?
BTC USD is trading at $64,950, up a modest +0.2% on the day, after briefly punching through $65,400 in early August 10 trading. Th...